4//SEC Filing
Jennings Edward Vincent 4
Accession 0001209191-19-030113
CIK 0001644675other
Filed
May 14, 8:00 PM ET
Accepted
May 15, 5:44 PM ET
Size
11.7 KB
Accession
0001209191-19-030113
Insider Transaction Report
Form 4
Mimecast LtdMIME
Jennings Edward Vincent
Chief Operating Officer
Transactions
- Exercise/Conversion
Ordinary Shares
2019-05-13$9.78/sh+11,000$107,580→ 12,251 total - Sale
Ordinary Shares
2019-05-13$49.11/sh−11,000$540,230→ 1,251 total - Exercise/Conversion
Share Option (Right to Buy)
2019-05-13−11,000→ 174,088 totalExercise: $9.78Exp: 2025-07-31→ Ordinary Shares (11,000 underlying)
Holdings
- 6,750
Restricted Share Units
- 36,000
Restricted Share Units
Footnotes (6)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 3, 2018.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.71 - $49.50, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]Each restricted share unit represents a contingent right to receive one share of the Issuer's ordinary shares.
- [F4]These restricted share units were granted on April 2, 2018. Twenty-five percent (25%) of the units vested on April 2, 2019, and the remainder of the units vest on an annual basis over the next three (3) years, provided that the Reporting Person remains an employee of the Issuer on such vesting date.
- [F5]These restricted share units were granted on April 1, 2019. Twenty-five percent (25%) of the units vest on April 1, 2020 and the remainder of the units vest on an annual basis over the next three (3) years, provided that the Reporting Person remains an employee of the Issuer on such vesting date.
- [F6]Represents shares underlying unexercised share options that were granted on August 1, 2015. The terms of the original grant of 708,088 options provide that twenty-five percent (25%) of the shares vested on August 1, 2016 and the remainder of the shares vest on a quarterly basis over the next three (3) years, provided that the Reporting Person remains an employee of the Issuer on such vesting date.
Documents
Issuer
Mimecast Ltd
CIK 0001644675
Entity typeother
Related Parties
1- filerCIK 0001734798
Filing Metadata
- Form type
- 4
- Filed
- May 14, 8:00 PM ET
- Accepted
- May 15, 5:44 PM ET
- Size
- 11.7 KB